News

Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
The Federal Reserve’s power: Congress giveth and Congress can taketh away
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...
Tracking Trump: Labor statistics chief fired; a Federal Reserve governor resigns; Trump deploys nuclear subs; and more
Trump fired the labor statistics chief after a negative jobs report. What happened: President Donald Trump announced he had ...
Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, ...
Trump fumes at Powell, urging Federal Reserve board takeover
President Trump fumed at Federal Reserve Chair Jerome Powell on Friday morning, urging the central bank board to wrest ...
Federal Reserve holds its benchmark rate steady at today's FOMC meeting
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
Trump Didn’t Expect a Rate Cut Today
President Donald Trump said he didn’t expect Federal Reserve Chair Jerome Powell to announce an interest-rate cut Wednesday ...
Divided Fed holds key interest rate steady, defying Trump's demands for aggressive cuts
A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, despite a barrage of criticism from President Donald Trump and dissents from two top officials. The Federal ...